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Clear Admit Releases Updated School Snapshots for 2014-2015

Clear Admit School SnapshotsClear Admit is excited to announce the release of our 2014-2015 School SnapshotsFREE overviews of 27 of the world’s top MBA programs packed with essential information to help early bird applicants learn about their target schools. Since first released in 2012, MBA hopefuls have downloaded tens of thousands of Clear Admit Snapshots as a critical “first step” in their MBA application journeys.

The Snapshots provide objective, concise information on each program’s faculty, curriculum, campus life, job placement statistics, admissions procedures and more. MBA applicants who downloaded Snapshots over the past year agree that these are the ideal resources to consult before delving into deeper school research. “I see these [Clear Admit] products becoming the ‘Go To Guide’ for each and every applicant,” one prospective MBA student wrote. “Snapshots cover all, and I literally mean ALL basic information you would like to know about an MBA program.”

The third editions of the School Snapshots join the ranks of Clear Admit’s other critically acclaimed publications, including the more extensive School Guides, Interview Guides, and School Selection Guides, as well as our Strategy Guides, which provide step-by-step guidance through the application process.  School Snapshots updated for 2014-2015 are now available for free download in the Clear Admit Shop.  Here is a complete list of titles in the Clear Admit School Snapshot series:

Chicago Booth School of Business
Columbia Business School
Darden School of Business
Fuqua School of Business
Haas School of Business
Harvard Business School
IESE Business School
INSEAD
Indian School of Business
Judge Business School
Kellogg School of Management
Kenan-Flagler Business School
London Business School
MIT Sloan School of Management
McCombs School of Business
McDonough School of Business
NYU Stern School of Business
Ross School of Business
S.C. Johnson Graduate School of Management
Saïd Business School
Stanford Graduate School of Business
Tepper School of Business
The Wharton School
Tuck School of Business
UCLA Anderson School of Management
USC Marshall School of Business
Yale School of Management

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Stanford Tops Forbes Rankings of Most Satisfied MBA Graduates

stanfordWhen it comes to the satisfaction of its MBA alumni, Stanford Graduate School of Business bests all other business schools, according to Forbes most recent biennial ranking. Forbes evaluated responses from 4,600 graduates from the Class of 2008 to arrive at its top 10 list, polling them on salary and ROI, satisfaction with their education and the preparation it gave them and how happy they are in their current job.

Stanford ranked in the top five among schools across all three categories in the 2013 Forbes survey. Its grads reported higher salaries than any others, with median total compensation of $221,000 five years out of school. Stanford grads also gave the school top scores when asked about their education and how prepared they felt relative to graduates from other MBA programs. As far as job satisfaction, Stanford ranked fourth. But when Forbes averaged the satisfaction scores across all three categories for the 50 U.S. schools with the most responses to the survey, Stanford came out on top overall. Continue reading…

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Conducting a Career Self-Assessment – for New Admits and Current MBAs (Part 3 of 3)

At one point a few years ago, during the height of MBA recruiting season, a senior manager visiting campus for a corporate presentation bemoaned the amount of self-imposed stress that students experience in choosing a full-time employer: “students will spend two years (during business school) agonizing over a job they’re going to keep for less than two years,” he said, and his assessment was not far off.

In its 2013 Alumni Perspectives Survey of MBA graduates from 2000 through 2012, the Graduate Management Admissions Council (GMAC) found that “63% of the members of the class of 2010 are still working for the same organization” – or, phrased differently, that 37% had left their first post-MBA job within two years of graduation (and in the midst of a very tough job market). My own anecdotal evidence suggests that at some point roughly 4 to 5 years after graduation, finding yourself employed by the same company you joined coming out of business school becomes the exception rather than the norm.

And while there are many variables that influence and reflect MBA employee retention and turnover – GMAC finds, for example, that “switching organizations has a positive impact on salary levels but a negative impact on career momentum” – the simple reality that you should keep in mind as a current or rising MBA is that your next job is almost certainly not your last job, and that part of your task in the MBA career search process is not only to choose an internship and a full-time, post-MBA job, but to begin to plan for and scope out the job after that, and perhaps even beyond. Continue reading…

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As An Applicant, What Do You Consider Your Greatest Strength?

As An Applicant, What Do You Consider Your Greatest Strength?

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Submit an MBA Interview Report from UPenn / Wharton, U. Chicago Booth, Berkeley / Haas, Cornell / Johnson, or UT Austin / McCombs and Win a $10 Amazon Gift Card!

Welcome to this week’s Tell Us Tuesday, where we highlight MBA interview reports that have recently been posted to our Interview Archive. Over the past few weeks, we have received interview reports from a variety of schools, including LBSNorthwestern / Kellogg and NYU Stern, so thank you to everyone who submitted! The following is an excerpt from a Round 2 Kellogg applicant’s report submitted earlier this month:

“Firstly, I’d like to thank everyone who’s contributed here. These interview reports were very helpful. I hope this one helps future applicants too. We met at the interviewer’s office. He was all things Kellogg – driven but warm and friendly. I don’t think he’d read my application beforehand.

The questions were :

1. Why Kellogg? I put this in context of what my long-term plans were, why MBA, and finally the school. We spent quite a long time on this question.
2. Talk me through one project where you had to lead. What is your leadership style?
3. Talk me through a challenge you faced on a project.
4. Is the GMAT representative of your intellectual ability? (he mentioned he had no idea what my score was) Continue reading…

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Alumna, Faculty Member Jointly Donate $1 Million for New Tepper School of Business Facility

Tepper School of Business

A Carnegie Mellon University (CMU) alumna and her husband, a current member of the Tepper School of Business faculty, have given a $1 million gift to support construction of a new home for the business school as part of the newly established David A. Tepper Quadrangle, the school announced last week.

The gift is from Gunjan Kedia, MSIA ’94, and her husband, Sridhar R. Tayur, a professor of operations management at Tepper. “Our 20-plus years of association with the Tepper School and Carnegie Mellon have been rewarding, both professionally and personally,” the couple said in a joint statement. “We are excited to contribute toward and to be a part of the new Tepper Quadrangle, and we look forward to many more decades of being engaged with the university.” Continue reading…

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London Business School MBA Admissions Interview Questions: Round 2 / Alumnus / Off-Campus

I received the interview invitation around 30 days after submitting my application to round 2, with my interviewer (alumnus) contact details. The interviewer was very prompt in replying and offering flexible dates to schedule the interview, which took place 10 days after the initial contact.

Overall, the interview was very friendly and established a personal contact in the first few minutes. He had already had access to my complete application package.

Main questions were:
1) Walk me through your resume. Focus on your most significant challenges and the accomplishments that make you most proud.
2) Tell me about a failure in your professional history. How did you overcome it? What did you learn?
3) What do you want to do after the MBA?
3) Why LBS?
4) How will you help your group/class? How will you contribute to the school?

Presentation
- It was the final portion of the interview. I had 5 minutes to read through the materials, 5 minutes to prepare, 5 to present. Theme was around a new strategy for a PE group. I believe setting out a clear structure, speaking clearly and breaking down the presentation into its components was even more important than the content itself.

After the questions, we spent another 20-30 minutes chatting about the school, the life in London and his experience at LBS.Interview 3

Posted in: Interview Reports | 0 comments

Trivia Tuesday: London Business School’s Organisational Audit

300px-London_Business_School_facade1Welcome to this week’s edition of Trivia Tuesday! Today, we’re crossing the pond and opening up the Clear Admit Guide to London Business School to learn about the school’s distinctive Organisational Audit, a mandatory experiential element of the core curriculum.

“As a part of the core course Managing Organizational Behav­ior, teams of students engage with partner firms to audit key aspects of each company’s operations. This Organizational Audit offers a window into the inner workings of large corporations and gives students a chance to apply the business analysis skills they have learned in the classroom.

“The primary focus of the Organizational Audit is to serve the partner company by providing insight into a managerial prob­lem impacting its organizational performance and issuing clear recommendations for improvement. Teams work closely with their partner companies to plan the topic and scale of the audit. In recent years, students have investigated areas such as decision-making procedures, cultural integration following a merger, lateral communication issues and incentive structures at both Fortune 500 and niche organizations, including Disney UK, GlaxoSmithKline, the Multiple Sclerosis International Fed­eration and Morgan Stanley. Continue reading…

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MIT Sloan MBAs Scope Out Leading Seattle Firms as Part of Annual Tech Trek

seattleAfter returning from a recent MIT Sloan Tech Trek to Seattle, a first-year MBA student shared highlights in a recent article on GeekWire. Jarek Langer (MBA ‘15), vice president of treks for the Technology Club at Sloan, detailed his recent trek, which included visits to Amazon, Microsoft and Groupon. Though all three companies had already given formal presentations on MIT’s campus, visits to their campuses provided valuable insights into company culture and more, Langer writes.

At Microsoft, trek participants got a tour of the campus as well as a chance to convene with MIT Sloan alumni now working there. “We’d heard about its giant campus, but it was incredible to experience the scale of it in person,” Langer writes. He noted that conversations with alumni gave him a sense of the importance of collaboration at Microsoft, as well as a high degree of ownership over work, with little micromanagement.

Next was a visit to Groupon, where trek participants got to learn about a shift in the company’s business model toward a greater focus on local and mobile. Particularly interested in the intersection between tech and retail, Langer noted that what he learned at Groupon makes him plan to keep the company in his sights.

The trek’s final company visit was to Amazon, where a panel filled with more Sloan alumni helped describe what it’s like to work there, as well as what Seattle living is all about. “One thing that stood out for me was how employees don’t use PowerPoint very much,” writes Langer. “Instead, they use thoroughly written white papers that explore issues in depth.” This observation was in keeping with a company known for its analytic depth and attention to detail, he added.

Rounding out the trek was a visit to venture capital firm Madrona Venture Group, with a panel filled by senior people from several of its startups, all interested in hiring interns. “It was clear from our discussion with these startups that analytics is playing a significantly greater role in business models,” Langer writes. “There are a lot of opportunities to apply analytics in various settings and industries, which is great news for students from MIT Sloan where big data is an area of great interest and strong expertise.”

Learn more about MIT Sloan’s recent Tech Trek to Seattle

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Admissions Tip: Addressing Academic Strengths

1803276939_c8fcfb050f_mWhile we devoted time last week to advice on addressing weaknesses in one’s academic record, today we wanted to explore the other side of the issue: the strengths that lie in your undergraduate record.

Beyond issues of aptitude or previous achievement, there are a number of other things that your academic profile might say about you.  For instance, if you have a range of quant-focused classes in your record, this might create the impression that you are well prepared for the sort of coursework you would undertake in business school.  Meanwhile, if you have pursued extensive coursework in an area beyond the more traditional disciplines of economics, business administration or engineering, this could indicate some unique interest or perspective that you would bring to the classroom.

For example, applicants who pursued significant language study or took a number of classes in disciplines such as sociology, psychology, art, etc., will stand out among candidates who focused primarily on math, engineering or business courses in college.  Along these lines, applicants whose transcripts show they studied abroad as undergraduates may be seen as more globally aware or as better prepared to work with an international student body.

Continue reading…

Posted in: Admissions Tips, Planning Tips | 0 comments